Mitchell Waters - 22 Sep 2022 Form 4 Insider Report for NEXTGEN HEALTHCARE, INC.

Role: EVP, Commercial Growth
Signature: /s/ Jeffrey D. Linton, Attorney-in-Fact for Mitchell Waters
Issuer symbol: N/A
Transactions as of: 22 Sep 2022
Net transactions value: -$35,368
Form type: 4
Filing time: 26 Sep 2022, 17:38:04 UTC
Previous filing: 02 Jun 2022
Next filing: 26 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXGN	Common Stock	Options Exercise		+5,452	+8.6%		68,692	22 Sep 2022	Direct	F1
transaction	NXGN	Common Stock	Tax liability	$35,368	-2,078	-3%	$17.02	66,614	22 Sep 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NXGN	Performance Stock Units	Options Exercise	$0	-5,452	-7.1%	$0.000000	70,995	22 Sep 2022	Common Stock	5,452		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance stock units convert to shares of NXGN common stock on a one-for-one basis once fully vested.
F2	Represents shares withheld to satisfy tax withholding obligations on the vesting of performance stock units.
F3	The reporting person was granted performance stock units that vest upon both the attainment of four separate pre-determined stock price milestones and continued service over a period of three years commencing September 22, 2021. 16,356 of these performance stock units were tied to a stock price milestone of $19.38, which was met in April 2022. As of September 22, 2022, 1/3 of the performance stock units tied to the $19.38 stock price milestone are fully vested. The remaining 10,904 performance stock units tied to the $19.38 stock price milestone will vest in equal installments on September 22, 2023 and September 22, 2024.